MBA Online

Marketing

The Marketing Department continuously strives to achieve excellence in research. The faculty members are renowned for high-quality, cutting-edge research, publishing their work in the top international marketing journals, such as Journal of Marketing Research (JMR), Journal of Consumer Research (JCR) and Marketing Science (MS). The Marketing faculty is ranked seventh in the world in terms of the number of papers published in JMR and JCR in 2000-2006 (ahead of Berkeley, Chicago, Carnegie Mellon, INSEAD, MIT, Stanford and Yale).

The goal of the PhD program is to develop outstanding scholars who are able to secure academic jobs at top international universities and to become first-rate contributors to marketing knowledge.

Our program provides solid training in the theory and methods of various subfields of marketing such as consumer behavior and marketing models. Apart from gaining in-depth knowledge, students gain hands-on experience in the research process from the very early stages of the program.

The faculty is highly committed to the PhD program. State-of-the art courses are offered on themes such as information processing, behavioral game theory, experimental designs, judgment and decision making, choice modeling, and analytical marketing science. These courses and the research training are very demanding but at the same time highly rewarding.

A well-equipped behavioral lab and many opportunities for research collaboration with the faculty contribute to the learning experience. In addition, students benefit from two research centers housed in the Marketing Department – the Center for Experimental Business Research and the Center for Marketing and Distribution. Some of our students have published papers in top research journals. The program offers students a very good intellectual environment and enables them to become outstanding researchers. One recent graduate was selected for the Marketing Science Institute’s Young Scholar Program, one of the highest accolades a young researcher in the field can receive.

Management of Organizations

The mission of the department is to be a leading intellectual center for management and organization research in the Asia-Pacific region. To this end it continues to recruit and retain the brightest minds from around the world. It provides its students with the necessary training and preparation for them to become responsible and responsive professionals. It also works with local business leaders to identify and address pressing management problems through research, consultation and involvement in community activities.

Recognizing its unique position in the region where the notion of East meets West is epitomized, the department adopts a two-pronged strategy to develop global business knowledge and also accentuate its edge in building local expertise. First, the department encourages and supports its faculty to pursue their diverse research interests. Second, the department also makes concerted efforts to develop its strength in research on management and organization in the Chinese context.

The department’s faculty members are renowned for high-quality, cutting-edge research, and have published their work in the best management journals, such as the Academy of Management Journal (AMJ), the Administrative Science Quarterly (ASQ), the Academy of Management Review (AMR), the Journal of Applied Psychology (JAP), Organization Science (OS), and the Strategic Management Journal (SMJ).

The goal of the department’s PhD program is to develop outstanding scholars who are able to teach in major research universities in Asia and around the world, and who are able to become major contributors to the frontiers of management knowledge by publishing their work in the best management journals.

Our program provides solid training in the theory and methods of various fields of management such as human resource management and strategic management. Apart from rigorous course work, students gain hands-on experience in the research process through working with faculty members on research projects from the early stages of their study. Thus, the program offers students a highly stimulating learning environment and enables them to cultivate first-tier research skills to pursue academic excellence.

Hong Kong University of Science and Technology (HKUST)

Operations Management is a division of the Department of Information Systems, Business Statistics and Operations Management. The department was ranked 12th worldwide by INFORMS in research productivity based on publications in Information Systems and Operations Management journals. The division includes two research areas: Operations Management and Statistics.

The PhD program in Operations Management emphasizes model-based methodology and practice-motivated research. The program trains students to use quantitative tools and analytical frameworks from operations research, economics, and other disciplines to study managerial problems in business processes, such as supply chains, manufacturing, and service systems.

Faculty members in this area have PhD degrees from top universities such as Carnegie Mellon, Columbia, MIT, Stanford and UBC. They are frequent contributors to top academic journals, such as Operations Research, Management Science, Manufacturing and Service Operations Management, and IIE Transactions. Several of them have served or are currently serving on the editorial boards of these journals.

The research foci of the Operations Management area are supply chain contracting, information sharing in supply chains, supply chain coordination, interface of marketing and supply chain management, production and inventory management, incentives in operations, and quality management.

The PhD program in Statistics emphasizes both the theoretical development of statistical methodologies and applications to the real business world. The program trains students to have a solid theoretical foundation and statistical expertise in applications to various areas like finance, economics and marketing, and statistical consulting.

Faculty members in this area have PhD degrees from top universities such as Stanford and UC Berkeley. Their works appear in top journals like Annals of Statistics, Journal of the American Statistical Association and Biometrika. The research foci of the Statistics area are Bayesian statistics, missing data problems, cluster analysis, semiparameteric models, data mining, sequential analysis, stochastic control, financial time series modeling, statistical methods for risk management and nonlinear time series.

Hong Kong University of Science and Technology (HKUST)
Information Systems

The Department of Information Systems, Business Statistics and Operations Management (ISOM) consists of two divisions: Information Systems and Operations Management. The Department was ranked 12th in research productivity worldwide based on publications in the top Information Systems and Operations Management journals by INFORMS.

Faculty members of the Information Systems (IS) division are on the editorial boards of the top IS journals and hold prominent positions on the Councils of the Association for Information Systems and the International Telecommunications Society. Our students have gone on to academic positions in Australia, Hong Kong, Singapore, UK, and the USA.

The research foci of the IS division are:

Behavioral Research: The primary interest is in studying the management of information technology (IT) and the use of IT for managerial and organizational purposes. The research examines more than just the technological system or just the social system; it investigates the phenomena that emerge when the two interact. Examples include human-computer interaction, user acceptance of IT innovations, IT strategy, electronic communities, e-government, e-commerce, and telecommunications policy. The methodologies employed are surveys, experiments, and field studies. PhD students will need to take courses in psychology, organizational behavior, survey design, experimental design, multivariate statistics, etc. Prospective students with excellent analytical ability and good proficiency in English are preferred.

Analytical and Empirical Modeling: Economics has contributed to the theoretical richness and methodological rigor of IS research. Examples include information economics, the economics of electronic commerce, economic models for the impact of IT on organizations and markets, and supply and demand of IT. This interdisciplinary collaboration will help resolve many difficult IS issues. The research methodologies are analytical and empirical modeling. PhD students interested in the area need to take courses in game theory, industrial organization, price theory, econometrics, etc. Prospective students with a strong quantitative academic background are preferred.

Hong Kong University of Science and Technology (HKUST)

Finance

The mission of the Finance department is to teach and conduct research on the financial markets and on the investment and financial decisions made by individuals and corporations. While striving to be one of the top finance programs in the world, the Department places special emphasis on developing expertise on Asian financial markets. The Center for Asian Financial Markets specializes in basic and applied research related to the Asian financial markets.

In a study on finance research output in Financial Management, the official journal of the Financial Management Association International, HKUST was named the top university in the Asia-Pacific region. Arizona State University’s research ranking of finance departments throughout the world (based on publications in the top four journals in finance during 1991-2005) ranked HKUST 23rd in the world.

Because of the quality of its faculty, the Department has quickly gained an international reputation for its research, as well as a local reputation for its expertise in corporate finance, derivatives, and the local and regional financial markets.

The teaching in the department is both current and relevant, and its programs in corporate finance, derivatives and risk management are highly regarded by local industry. This recognition has transformed into favorable placement of its students and repeated recruitment from major firms. PhD graduates are well sought after by universities and research organizations.

Hong Kong University of Science and Technology (HKUST)
Accounting

HKUST is home to Asia’s premier accounting program, combining world-leading research, award-winning teaching, outstanding students, and a state-of-the-art curriculum to train tomorrow’s leaders. All faculty have PhDs from the world’s foremost universities – Berkeley, Chicago, Carnegie-Mellon, Illinois, London Business School, NYU, Oregon, Oxford, Purdue, Rochester, Texas, UBC, UCLA, Washington and Yale.

In recent years, HKUST topped the world in original research in Accounting published in leading research journals. In 2000, 2001, 2002, 2004 and 2005, HKUST ranked “Top 10” in the top three journals (Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review), a record unexcelled by any university worldwide.

HKUST is accredited unconditionally by the Hong Kong Institute of Certified Public Accountants. In 1999, HKUST became the first accounting program outside North America to win accreditation from AACSB, the premier accrediting agency for business schools. In 2003, HKUST became the first university outside North America awarded a chapter of Beta Alpha Psi, the world’s premier accounting honorary organization.

The research foci of Department of Accounting faculty members are in the following areas: securities pricing, management performance measures, accounting and corporate finance issues in China, East Asia and the US, accounting and capital markets, China law and practice, earnings management, auditing and corporate governance.

The Department hosts the annual international Summer Symposium on Accounting Research on the HKUST campus which is now a significant event on the calendars of accounting academics worldwide.

Our PhD program is one of the best in the Asia Pacific region. It aims to train students to become outstanding researchers and educators. The program is similar in structure and content to those at top universities in the world. The program requires students to go through rigorous course training in the first two years to build up a solid foundation of knowledge on economic theories, statistics/econometrics, finance, as well as accounting. Upon passing the qualifying examination, the student formally enters the dissertation stage. Throughout the program, faculty advisors work closely with students to provide advice and guidance on coursework and research development

Prior Educational Background

Applicants for admission to PhD programs must possess a good first degree from a recognized university or an approved institution. An applicant’s undergraduate background is not a precondition for admission. We encourage students outside business majors, such as science, engineering, arts and other areas to apply.

The Application Date

Admission to PhD programs is for the beginning of the fall semester. The Admissions Committee begins review applications from January. Applicants are urged to submit all application materials (including copies of GMAT and TOEFL scores) by early February. Applications submitted after this date will be considered only if spaces are available. As not every department will consider admission to the PhD programs for each year, applicants should check with individual departments before they apply. Applicants will be notified of the decisions no later than May.

The GMAT or the GRE

An applicant must demonstrate his/her capability for graduate studies by obtaining a satisfactory score in the Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE), or other equivalent means. The test score is not the primary deciding factor for admission to doctoral studies. However, applicants with a GMAT score below 600 must have a strong academic record and/or extensive experience in their chosen field to demonstrate their potential. Registration forms for the test may be obtained by writing to:

Graduate Management Admission Council
1600 Tysons Blvd., Ste. 1400
McLean, VA 22102
USA

Tel: (703) 749-0131 Fax: (703) 749-0169 E-mail: webmaster1@gmac.com URL : http://www.gmat.org

TOEFL

For applicants who attended educational institutions where the language of instruction was not English and whose first language is not English, a satisfactory score in the Test of English as a Foreign Language (TOEFL) is required.

Study Costs
1. Application Fees
Online application HK$150
Paper form application HK$300/US$40

2. Tuition Fees
Tuition fees are payable in two equal installments at the beginning of each semester. For local and non-local research postgraduate students:
Full-time HK$42,100 p.a.

3. Some Other Fees

Student Visa/Entry Permit Handling Fees (for non-local applicants applying for a student visa/entry permit through HKUST Admissions, Registration and Records Office. This is inclusive of the visa/entry permit application fee and the cost for forwarding the visa/ permit label.) HK$400
Caution Money HK$300
Students’ Union Fee - Initial entry fee HK$100

- annual subscription HK$100
Graduation Fee HK$300

A.Introductory Quantitative Requirements

Unless they have clearly demonstrated sufficient knowledge, entering PhD students are required to take the following two mathematics-oriented courses in the first semester of study.

ECON 510 Mathematics for Business and Economics; and
ISMT 581 Introduction to Probability

The credits earned from ECON 510 and ISMT 581 are not counted toward the graduation requirements.

B.General Management Requirements

Except for students on the PhD program in Economics, students who do not have an MBA or equivalent are required to take at least three of the following MBA-level courses. Students with a BBA degree could seek course exemptions from the PhD Director if they have demonstrated successful attainment on similar courses.

ACCT 510 Financial Accounting Foundations
FINA 512 Corporate Finance or
FINA 521 Investment Analysis
ISMT 561 Operations Management
MARK 512 Marketing Strategy and Policy
MGTO 523 Management of Organizations

Hong Kong University of Science and Technology (HKUST)
The program, an alliance between the Hong Kong University of Science and Technology’s Business School (HKUST) and the New York University Stern School of Business (NYU Stern), not only brings together two world-renowned business schools, but also two of the world’s most important finance centers. And while classes will be held primarily in Hong Kong, there will also be a two-week intensive learning module in New York.

If you are working in the finance sector, this program will improve your overall effectiveness in the industry, which will immensely benefit your finance career.

In addition, there is a shortage of highly qualified professionals in the field. Even non-financial sectors in the Asia-Pacific, such as manufacturing and real estate, are seeking financial expertise. Hence, if you are not working in the finance sector now, our innovative, world-class program can prepare you to take advantage of these opportunities.

The MS in Global Finance, the first and only finance program in the Asia-Pacific Region formatted for working executives, offers interested professionals like you an unrivalled opportunity to increase your finance knowledge and skills under the guidance of internationally recognized academics.

Hong Kong University of Science and Technology (HKUST)

We invite applications from October onwards for our annual intake which starts in the following August. The typical full-time MBA intake is 60.

Making an Application
Application can be completed through our online application form. Simply register as a user and you could take as much time as you need to complete the application before the deadline.

Your application should include: 1. Completed online application form, including essay
2. Two reference forms
3. Academic transcripts
4. GMAT score report
5. TOEFL score report (if applicable)
6. HK$500 application fee

We accept xerox or fax copies of (2) to (5) at the application stage.

Application Fee
The application fee is HK$500 (US$ 64) and can be paid by:1. Credit card as indicated on the online application form; or
2. Cash deposit to HKUST Hang Seng Bank account number 024 262 324999 014; or
3. Bank draft made payable to “The Hong Kong University of Science and Technology”

The original pay-in slip in (2) and bank draft in (3) should be mailed to the MBA Program Office. The fee is non-refundable.

Admissions Timetable
Admissions operate on phase basis with upcoming application deadlines as follows:Phase Application Deadline Interview by Admission Results by
1 Dec 15, 2007 Jan 31, 2008 Feb 29, 2008
2 Mar 15, 2008 Apr 30, 2008 May 31, 2008

We suggest international applicants apply in first deadline in order to allow sufficient time for Hong Kong student visa applications. Consideration on late applications will depend on availability of places.

Interview
We conduct personal interviews with short-listed applicants residing in Hong Kong and in Asia where possible. Otherwise a phone interview will be arranged. Motivation, interpersonal and communication skills, career plans and maturity will be assessed during the interview.

Admissions Decision
Evaluation is based on the information provided in the application and interview performance. Admission decisions are not formula-driven but depend on an applicant’s overall profile. Successful applicants will receive an admissions offer within one month of the interview.

Accepting an Offer
Successful candidates are required to return a signed acceptance form together with a non-refundable deposit of HKD50,000 before the stated deadline.